Wednesday, January 30, 2019

Maduro "Open To Talks" As 20 Tons Of Gold Mysteriously Disappears From Venezeula's Vaults

One day after a Russian official warned that Venezuela would struggle to meet its financial obligations to Moscow under a $3.15 billion debt-rescheduling deal, Bloomberg is reporting that a mysterious Russian Boeing 777 had landed in Caracas on Tuesday and ferried away 20 tonnes of gold - equivalent to roughly 20% of the country's holdings of the shiny metal - to an unknown location with little explanation.

Moving the 20 tonnes of gold bars, worth some $840 million, occurred shortly after the UK denied the Maduro regime's request to retrieve some $1.2 billion in gold being kept in the vaults of the Bank of England.

The state gold processor Minerven melts ore into gold bars which are transported by the military to the central bank.

The US announced sanctions against the Maduro regime earlier this week, including restrictions on buying the country's oil, to try and starve his regime of money, while opening access to Venezuelan assets frozen in the US to Guaido to try and help him cement his control of the country.

Maduro listed several potential mediators for the talks, including Mexico, Uruguay, Bolivia, Russia, the Vatican and other European governments that had encouraged a dialogue.

The purported capitulation comes after Maduro had threatened to use the country's Supreme Court to impose a travel ban on Guaido in what appeared to be an attempt to intimidate him.

Maduro willing to negotiate with opposition in Venezuela following U.S. sanctions and the cutting off of oil revenues.

https://www.zerohedge.com/news/2019-01-30/maduro-says-hes-open-talks-gold-mysteriously-disappears-venezeulas-vaults

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